CFTC Charges BP Products North America, Inc. with Cornering the Propane Market and Manipulating the Price of Propane Market manipulation

CFTC release 5193-06 · 2006-06-29 · view on cftc.gov ↗

Key facts

Release number
5193-06
Release date
2006-06-29
Type
Market manipulation
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5193-06

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.